BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Stock Holdings Lessened by Melfa Wealth Management Inc.

Melfa Wealth Management Inc. trimmed its stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 0.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 194,132 shares of the financial services provider’s stock after selling 1,621 shares during the quarter. BlackRock MuniYield Quality Fund makes up about 1.5% of Melfa Wealth Management Inc.’s investment portfolio, making the stock its 15th largest holding. Melfa Wealth Management Inc. owned about 0.27% of BlackRock MuniYield Quality Fund worth $2,236,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC acquired a new stake in BlackRock MuniYield Quality Fund in the 2nd quarter valued at approximately $584,000. WealthBridge Capital Management LLC increased its holdings in shares of BlackRock MuniYield Quality Fund by 7.6% during the third quarter. WealthBridge Capital Management LLC now owns 42,265 shares of the financial services provider’s stock valued at $554,000 after purchasing an additional 3,000 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in shares of BlackRock MuniYield Quality Fund by 41.8% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 692,268 shares of the financial services provider’s stock valued at $9,076,000 after purchasing an additional 204,079 shares in the last quarter. Pathway Financial Advisers LLC lifted its holdings in BlackRock MuniYield Quality Fund by 7,424.0% in the third quarter. Pathway Financial Advisers LLC now owns 298,178 shares of the financial services provider’s stock worth $3,909,000 after purchasing an additional 294,215 shares during the period. Finally, Clear Creek Financial Management LLC grew its position in BlackRock MuniYield Quality Fund by 20.7% in the 3rd quarter. Clear Creek Financial Management LLC now owns 15,143 shares of the financial services provider’s stock valued at $199,000 after buying an additional 2,600 shares in the last quarter. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

MQY stock opened at $11.78 on Wednesday. The firm’s 50-day moving average is $12.14 and its two-hundred day moving average is $12.48. BlackRock MuniYield Quality Fund, Inc. has a 52 week low of $11.43 and a 52 week high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a $0.058 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.70 dividend on an annualized basis and a yield of 5.91%.

BlackRock MuniYield Quality Fund Profile

BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.